Tag: 401k

Benefits | November 11th, 2010

Diebold Agrees to Stock Drop Suit Settlement

November 11, 2010 (PLANSPONSOR.com) - A settlement of $4.5 million has been preliminarily approved by a federal court in a...

Benefits | November 10th, 2010

ASPPA Says Deficit Reduction Proposal Would Eliminate 401(k)s

November 10, 2010 (PLANSPONSOR.com) – A retirement industry trade group says that a proposal in the Deficit...

Compliance | November 9th, 2010

Former CEO Ordered to Restore $57K to 401(k) Participants

November 9, 2010 (PLANSPONSOR.com) – The former CEO of Leading Technology Services Corp. (LTS) was sentenced to prison and ordered...

Products | November 8th, 2010

ShareBuilder Adds to Profit Sharing 401(k) Product

November 8, 2010 (PLANSPONSOR.com) – ING DIRECT's ShareBuilder 401k has expanded its profit sharing 401(k) plan to allow small business...

Investing | October 12th, 2010

September 401(k) Transfers Still Tilted Towards Fixed Income

October 12, 2010 (PLANSPONSOR.com) – The latest data from the Aon Hewitt 401(k) Index for September indicates asset movement was...

Benefits | October 8th, 2010

Profit-Sharing Out at Wal-Mart in Favor of 401(k) Match

October 8, 2010 (PLANSPONSOR.com) – Wal-Mart Stores, the nation’s largest private-sector employer, plans to scrap its profit-sharing contributions in favor...

Benefits | October 8th, 2010

Group Encourages Offering Clean Energy Funds in 401(k)s

October 8, 2010 (PLANSPONSOR.com) - The Renewable Energy Initiative (TREI) is encouraging companies across the country to add existing publicly...

Products | September 28th, 2010

Ascensus, Pacific Life Team up on 401(k) Plan for Small Businesses

September 28, 2010 (PLANSPONSOR.com) - Ascensus and Pacific Life have teamed up to offer a new 401(k) program to address...

Products | September 7th, 2010

Great-West Offers Marketing Materials for 401(k) Day

September 7, 2010 (PLANSPONSOR.com) - Great-West Retirement Services has developed a marketing campaign to support 401(k) Day 2010 on September...

Benefits | September 1st, 2010

WaMu to Settle Stock Drop Suits for $49M

September 1, 2010 (PLANSPONSOR.com) - A federal court has given preliminary approval of a settlement that would resolve lawsuits alleging...

Benefits | August 20th, 2010

Fidelity Finds Q2 Uptick in 401(k) Withdrawals

August 20, 2010 (PLANSPONSOR.com) – A new analysis finds indicates that while many 401(k) participants continue to...

Products | August 17th, 2010

BB&T Offers FDIC-Insured Deposit Program to 401(k)s

August 17, 2010 (PLANSPONSOR.com) - BB&T has introduced a new FDIC-insured deposit program (IDP) to its 401(k) retirement plan sponsors...

Investing | August 16th, 2010

Participant Transfers in July Remain Fixed Income Oriented

August 16, 2010 (PLANSPONSOR.com) - Despite the market rally, the direction of the total transfers in July remained fixed income-oriented,...

Administration | August 13th, 2010

Law Firm Probes Drugmaker for 401(k) Missteps

August 13, 2010 (PLANSPONSOR.com) – A New York law firm is investigating whether fiduciaries of the GlaxoSmithKline 401(k) plan violated...

Compliance | August 6th, 2010

Parties Settle General Dynamics 401(k) Fee Case

August 6, 2010 (PLANSPONSOR.com) – General Dynamics Corporation and Fiduciary Asset Management (FAMCO) have agreed to a $15.1-million settlement of...

Benefits | August 3rd, 2010

PSNC 2010: Roth Accounts, not Just for the Highly Compensated

August 3, 2010 (PLANSPONSOR.com) – There has been a lot of talk since Roth 401(k)s and 403(b)s have been introduced...

Benefits | August 2nd, 2010

Mets Management Beaned by 401(k) Suit

August 2, 2010 (PLANSPONSOR.com) – The owner of the New York Mets has been sued for the role...

Benefits | July 26th, 2010

FedEx Ships Back Rest of 401(k) Match

July 26, 2010 (PLANSPONSOR.com) – With earnings per share for its fiscal first quarter expected to be up between...

Benefits | July 26th, 2010

Will Minnie and Mickey Mouse Move to a 401(k)?

July 26, 2010 (PLANSPONSOR.com) – With the company staring at a hike in pension and post-retirement medical costs of $270...

Compliance | July 19th, 2010

Blackout Notice Suit Allowed to Move Forward

July 19, 2010 (PLANSPONSOR.com) – A federal judge in Ohio ruled that a 401(k) profit-sharing plan and two participants can...